Absolutely! This chip is done in a 90nm technology, at 200MHz the chip will get warm.

Depending on the number of peripherals you run, it also might get hot.

What you should check: the clock tree for all peripherals is enabled by default after reset. So you should switch off everything in the beginning (except the core of course :-) and then switch the clocks for the needed peripheral blocks on step by step in your system initialization.